Technology

New Report Offers Valuable Insights into Gen Z’s Employment Struggles

Published

1 year ago

April 2, 2025

Insights from the 2025 McKinsey American Opportunity Survey show Gen Z is eager to get ahead.

ROCKVILLE, Md., April 2, 2025 /PRNewswire/ — Today, Goodwill Industries International released Closing the Opportunity Gap, a report drawing on insights from the latest McKinsey American Opportunity Survey, a study of almost 10,000 Americans spotlighting their views on the current and future state of economic opportunity. The report points to the pressing need to close the opportunity divide, upskill and reskill the labor force, and provide access to vital career navigation and job placement services.

The latest McKinsey American Opportunity Survey reveals a troubling trend among America’s young workers, ages 18-24: their unemployment share is more than 2.5 times higher than the general population and nearly 50% of this group cited a lack of skills and experience as their main barriers to employment. (Note: Survey respondents self-reported their employment status.)

The McKinsey American Opportunity Survey also found that Gen Z workers feel pessimistic about the economy and their long-term prospects. Nearly half (45%) are concerned about job stability and feel less financially secure, while almost one-third (31%) doubt they will ever retire. Also, 70% believe they will never own a home.

Still, this cohort (ages 18-24) is highly motivated to pursue a range of educational pathways to get jobs, according to the survey. In fact, they are 1.5 times more likely than individuals between the ages of 25-54 to seek out education and training opportunities, motivated by the possibility of increasing their incomes. Many, however, do not know what types of education or training to pursue or how to get support.

A lack of relevant experience is the biggest barrier to finding a new job for youth respondents across gender, and women cited it more frequently than men. Young women also disproportionately named other barriers, such as not knowing where to look for jobs, the need to manage childcare, and physical health barriers. Young men noted accessibility barriers more often than young women, including issues with transportation and a lack of financial resources, internet access and housing options. Both young men and women attributed mental health and access to financial support as barriers more frequently than other age groups with older Americans pointing to lack of time as a barrier to training.

“The biggest roadblock for today’s youth in landing good jobs isn’t a lack of ambition—it’s the lack of skills, credentials and experience needed to make them appealing to employers,” said Steve Preston, president and CEO, of Goodwill Industries International. “To give people a fair shot at the American Dream, there is a critical need to provide skills training and career navigation, especially to young people who will help shape and power the future workforce.”

The McKinsey American Opportunity Survey also revealed growing unemployment shares for people who have been justice-impacted, actually two times more likely to be unemployed than the general population, due to accessibility barriers including technology, transportation and stable housing.

Justice-involved individuals tend to disproportionately face accessibility barriers. Compared to the general population, justice-impacted respondents cited these barriers:

Access to internet ~2.7x more than othersAccess to transportation ~2.3x more than othersAccess to housing 2x more than othersAccess to childcare ~1.6x more than othersAccess to financial support ~1.2x more than others

“Investing in overlooked job seekers, such as young people without college degrees and justice-impacted individuals, will help close talent gaps across many of our most vital sectors and help businesses to better thrive and prosper over the long term,” added Preston.

The need to provide career coaching and navigation to young people at the beginning of their career journeys is key to breaking the low-wage work cycle. According to the Brookings Institute, over the course of a 10-year span, only 43% of workers in low-wage occupations left their jobs, and their chances of advancing decreased each year. By their tenth year, the chance of leaving low-wage work is only one percent.

Goodwill, the largest nonprofit provider of job training and career placement services in North America, is uniquely positioned to help close the opportunity gap for all workers. The Goodwill Opportunity Accelerator® is a proven workforce development framework that equips job seekers with the resources needed to pursue and advance their careers by connecting individuals to career pathways, job training, certifications, apprenticeships and mentorships for continued career growth.

The Opportunity Accelerator takes a comprehensive, whole-person approach to workforce development, consisting of a set of standardized actions that local Goodwill organizations conduct with and on behalf of job seekers: assessing their needs and interests, developing a personalized plan, addressing barriers to training and advancement, equipping them with appropriate skills, launching them in the job-search process, connecting them with potential employers and evaluating the success of their search and performance in their new job.

Each of the Goodwill network’s 153 local nonprofit organizations provide job training and support services based on community needs. Every single day, Goodwill helps more than 350 people find jobs.

Goodwill would like to thank those whose input has helped to inform Closing the Opportunity Gap, including McKinsey & Company, who provided an analytical fact base on the McKinsey American Opportunity Survey.

ABOUT GOODWILL INDUSTRIES INTERNATIONAL
Goodwill works to enhance the dignity and quality of life of individuals and families by strengthening communities, building bridges to opportunity and helping people in need reach their potential through learning and the Power of Work®.

For more than 120 years, Goodwill organizations across North America have helped people find jobs, support their families and feel the satisfaction that comes from working. There are 153 local Goodwill organizations that assist people through a variety of employment placement services, job training programs and other community-based services. Thousands of people receive employment and other human services through Goodwill, and, in 2023, the organization helped more than 1.7 million people build skills, access resources and advance their careers.

Goodwill sells donated items in more than 3,300 outlets and retail stores in the U.S. and Canada as well as through online marketplaces. The revenue creates training programs and job placements to help people find work or advance their careers.

For more information or to find a Goodwill location near you, visit goodwill.org. Follow us on X/Twitter: @GoodwillIntl and Facebook, Instagram, TikTok and YouTube: @GoodwillIntl.

About McKinsey
McKinsey is a global management consulting firm committed to helping organizations accelerate sustainable and inclusive growth. We work with clients across the private, public, and social sectors to solve complex problems and create positive change for all their stakeholders. We combine bold strategies and transformative technologies to help organizations innovate more sustainably, achieve lasting gains in performance, and build workforces that will thrive for this generation and the next.

To download the report and graphics, click here.

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SOURCE Goodwill Industries International

Technology

Faculty Launches Frontier Plug-in Marketplace, Accelerating How Organisations Build and Scale Decision Intelligence

Published

42 minutes ago

April 23, 2026

Frontier’s latest release equips technical teams with modular plug-ins – expanding platform capabilities and strengthening integration with existing enterprise tools.

LONDON, April 23, 2026 /PRNewswire/ — Faculty, the developer of the Decision Intelligence platform, Faculty Frontier™, today announced the launch of the Frontier Plug-in Marketplace, a new capability that extends the Frontier platform with a curated, open ecosystem of modular plug-ins. Available to all Frontier customers, the marketplace enables teams to discover, adopt, and contribute plug-ins directly within existing deployments, with no refactoring required.

“In the AI era, the organisations that will win are those that improve decision-making at scale,” said Andy Brookes, Chief Technology Officer and Co-Founder of Faculty. “The Frontier Plug-in Marketplace is how we ensure that advantage compounds – enabling teams to reuse proven capabilities, share innovations, and apply them safely and consistently across the organisation.”

Scaling AI across the enterprise remains one of the most complex challenges facing organisations today. As AI programmes expand beyond initial deployments, teams struggle to maintain consistency, move at pace, and maximise the value of their technology investments. Without a standardised way to share and reuse proven capabilities, ROI slows and the gap between AI ambition and enterprise reality widens. The launch of the Plug-in Marketplace within Faculty Frontier™ directly addresses this challenge.

A Curated Library of Modular Capabilities
The Plug-in Marketplace gives teams access to a curated library of modular capabilities – spanning data ingestion, MLOps pipelines, decision management, validation tooling, and more – all accessible directly within their existing Frontier environment.

An Open Ecosystem, Built to Scale
The marketplace is designed to grow with the organisations using Frontier. Beyond consuming what’s available, technical teams can build and share their own plug-ins – retaining full control of what they contribute.

Every plug-in is reviewed and versioned by Faculty, giving teams the confidence to adopt quickly, upgrade on their own terms, and focus on what matters: improving the decisions that drive enterprise performance, rather than managing infrastructure.

What This Means for Technical Teams
For the data scientists, data engineers, ML engineers, and decision engineers at the heart of Frontier deployments, the marketplace delivers an immediate and tangible shift in how work gets done:

Proven, reusable capabilities adopted in minutes, not daysNo need to rebuild what others have already solvedA consistent, maintained foundation across every Frontier deploymentAbility to build, share, and contribute capabilities back to the wider Frontier communityA clear upgrade path as new capabilities are added

Availability
The Frontier Plug-in Marketplace is available to all Frontier customers. To explore how your team can begin with the marketplace, speak to your Frontier solutions engineer. New to Frontier? Visit faculty.ai/frontier to learn how organisations are using Decision Intelligence to transform performance and scale AI across the enterprise.

About Faculty
Founded in 2014, Faculty is one of Europe’s longest standing applied AI companies. Our suite of AI products spans everything organisations need to access frontier AI and get it into the hands of their frontline teams to support their most important work. Faculty is also the developer of Faculty Frontier™, a Decision Intelligence Platform used by some of the world’s most trusted brands to transform decision-making at scale.

Widely recognised as a leader in AI safety, we work for the world’s leading AI labs, such as OpenAI, Anthropic and Meta, to ensure their latest models are safe, human-led and explainable. Our PhD-heavy team of deep AI experts has delivered hundreds of real-world AI products to improve critical public services and drive sustained economic returns across every sector of the economy. Headquartered in London, Faculty remains founder-led following its acquisition by Accenture in 2026.

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Technology

Tuniu Discloses Cash Dividend to Holders of ADSs

Published

42 minutes ago

April 23, 2026

NANJING, China, April 23, 2026 /PRNewswire/ — Tuniu Corporation (NASDAQ: TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, today disclosed that the cash dividend of US$1.197 per American depositary shares (“ADSs”) will be paid to holders of ADSs of record as of the close of business on May 4, 2026, U.S. Eastern Time, based on the current ratio of its ADSs to its Class A ordinary shares, pursuant to the cash dividend totaling approximately US$13 million as the previously declared by the Company on March 20, 2026.

The Company changed the ratio of its ADSs to its Class A ordinary shares (the “ADS Ratio Change”) from the previous ratio of one (1) ADS representing three (3) Class A ordinary shares to current ratio of one (1) ADS representing thirty (30) Class A ordinary shares, effective April 22, 2026.

In light of the ADS Ratio Change, the dividend amount on a per ADS basis was not disclosed in the previous announcement and would be disclosed separately after the ADS Ratio Change took effect. The dividend to holders of ADSs will be US$1.197 per ADS and is expected to be paid on or about May 20, 2026 through the depositary bank, subject to the terms of the deposit agreement. Dividend payment to holders of ordinary shares remains the same as previously announced.

About Tuniu

Tuniu (Nasdaq: TOUR) is a leading online leisure travel company in China that offers integrated travel service with a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: Tuniu’s goals and strategies; the growth of the online leisure travel market in China; the demand for Tuniu’s products and services; its relationships with customers and travel suppliers; Tuniu’s ability to offer competitive travel products and services; Tuniu’s future business development, results of operations and financial condition; competition in the online travel industry in China; government policies and regulations relating to Tuniu’s structure, business and industry; the impact of health epidemics on Tuniu’s business operations, the travel industry and the economy of China and elsewhere generally; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law.

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SOURCE Tuniu Corporation

Technology

MongoDB Announces €74M Ireland Expansion, 200 Jobs, and New Cork Office

Published

42 minutes ago

April 23, 2026

Investing €74M to expand MongoDB’s Irish operations across engineering and AI developmentCreating ~200 new jobs by 2027, growing Irish workforce by 50%+ to 500+ employees across Dublin International HQ and new Cork officeHelping 65,200+ customers move AI from experimentation to production at scale

DUBLIN, April 23, 2026 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) is expanding its Irish operations through a €74 million investment in engineering, AI development, and operational growth. As part of this expansion, the company plans to grow its Irish hybrid workforce by more than 50% by 2027, creating approximately 200 new roles across engineering, product development, and customer-facing teams. Ireland’s focus on “Applied AI” aligns closely with MongoDB’s role in helping 65,200+ global customers move from AI experimentation into real-world production. Anchored by its international headquarters in Dublin and a new office in Cork, the company is deepening its investment in local talent and ongoing university partnerships under the leadership of newly appointed Vice President of Product and Technology, Donal Walsh.

CJ Desai, President and Chief Executive Officer, MongoDB, said: “Ireland is an important market for MongoDB, home to exceptional talent, great customers, and the right environment to scale our global business. Our teams here are central to how we innovate for and serve our world-class customer base.

As organizations move from experimentation to building agentic AI applications in production, they need a data platform that can handle the complexity of real-world data and deliver highly accurate retrieval when the stakes are high. This investment in Ireland advances our mission to do exactly that — building the unified data platform our customers need for modern, multi-cloud, and AI applications.”

The investment expands engineering and customer teams in Ireland that build and support MongoDB’s modern data platform, used by organizations worldwide. These teams help customers develop secure AI-powered applications on a flexible data foundation that runs across cloud, hybrid, or on-premises environments, while supporting their efforts to meet Europe’s evolving regulatory requirements around data protection, security, and the EU AI Act.

Minister Peter Burke, Department of Enterprise, Tourism and Employment, Government of Ireland, said: ”I warmly welcome MongoDB’s decision to expand its Irish operations through a €74 million investment, creating 200 high-quality jobs and establishing a new office presence in Cork. This announcement is a strong endorsement of Ireland’s ability to attract and grow global technology leaders in areas such as engineering and applied AI.

Ireland’s focus on innovation, skills development, and regional growth continues to resonate with companies operating at the forefront of digital transformation. MongoDB’s ongoing commitment to Ireland, supported by IDA Ireland, highlights the depth of our talent pool and the strength of our collaboration between industry, government, and higher education. I wish MongoDB every success as it continues to expand its footprint here.”

Dónal Travers, Executive Director, IDA Ireland, said: ”I would like to congratulate MongoDB on this significant investment of €74 million in Ireland, which will result in 200 new jobs, and the opening of a new office in Cork. Ireland is now a recognized European location for companies seeking to build their applied capabilities in artificial intelligence, a key growth driver in IDA’s strategy. We are delighted to support MongoDB’s innovation goals and look forward to a continued partnership in the years ahead.”

Paul Sweetman, Chief Executive, American Chamber of Commerce Ireland (AmCham), said: “I want to congratulate MongoDB on the announcement of its €74 million expansion in Ireland. This significant investment, with its strong focus on AI, underscores Ireland’s position as a hub for advanced engineering, innovation, and next-generation technologies, and highlights the strength of the country’s deep and collaborative talent ecosystem. It also reflects the continued confidence of US companies in Ireland as a location for high-value investment and growth. US companies already employ hundreds of thousands of people across Ireland, and recent AmCham surveys point to sustained confidence among members, with many planning further investment in areas such as AI, R&D, and digital transformation. This announcement is a clear example of how that confidence is translating into real investment and job creation.”

Established in 2013, MongoDB Dublin has long played a pivotal role in helping the company achieve its mission of empowering innovators to create, transform, and disrupt industries by unleashing the power of software and data. From the energy of MongoDB’s Dublin headquarters to the new collaborative space in Cork, the company has created an environment where people can see the real impact of their work. At MongoDB, employees are empowered to make a difference from day one, supported by a culture built on clarity and trust and a firm belief that every voice matters as the company shapes the future of software.

MongoDB serves more than 65,200 customers worldwide, including Anthropic, Eleven Labs, TUI, Vodafone, Decathlon, Lombard Odier, Financial Times, L’Oréal Groupe, and Volvo Connect, and counts around 75% of the Fortune 100 among its clients. The company established its EMEA headquarters in Dublin in 2013 as part of an aggressive growth plan, starting with customer and technical support. Its presence in Ireland continues to expand, with more than 13,500+ developers listing MongoDB as a skill on LinkedIn across the country. For new open roles, visit: https://www.mongodb.com/company/careers

About MongoDB

Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries with software. MongoDB’s unified database platform was built to power the next generation of applications, and MongoDB is the most widely available, globally distributed database on the market. With integrated capabilities for operational data, search, real-time analytics, and AI-powered data retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, and simplify complex architectures. Millions of developers and more than 65,200+ customers across industries – including ~75% of the Fortune 100 – rely on MongoDB for their most important applications. To learn more, visit mongodb.com.

Forward-Looking Statements

This press release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning MongoDB’s investment in Ireland. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including those risks detailed under the caption “Risk Factors” and elsewhere in our Securities and Exchange Commission filings and reports, including the Annual Report on Form 10-K for the fiscal year ended January 31, 2026, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.

Contacts

Investors

ir@mongodb.com

Media

press@mongodb.com

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SOURCE MongoDB, Inc.